Norges Bank Portfolio holdings
Norges Bank, established in 1816 and headquartered in Oslo, Norway, serves as the central bank of Norway, responsible for monetary policy, issuing the Norwegian krone, and maintaining financial stability. Beyond its traditional central banking role, it oversees the management of the Government Pension Fund Global (often called the Norwegian Oil Fund), one of the world’s largest sovereign wealth funds, valued at over $1 trillion, which invests Norway’s oil and gas revenues in global equities, bonds, and real estate. The fund’s investment arm, Norges Bank Investment Management (NBIM), operates independently to ensure long-term wealth preservation for future generations, emphasizing sustainable and ethical investing practices. With its dual role, Norges Bank uniquely blends central banking duties with stewardship of a massive global investment portfolio.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Blackrock
BLK
|
+$3.48B |
| 2 |
Apple
AAPL
|
+$3.25B |
| 3 |
ExxonMobil
XOM
|
+$3.2B |
| 4 |
Microsoft
MSFT
|
+$2.26B |
| 5 |
Chevron
CVX
|
+$2.15B |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.94% |
| 2 | Technology | 13.3% |
| 3 | Healthcare | 11.25% |
| 4 | Energy | 10.57% |
| 5 | Industrials | 9.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
Lincoln Electric
LECO
$13.9B
| $39.1M | 0.02% |
+683,351
| New | +$38.1M |
|
|
LIFE
627
DELISTED
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
| $39.1M | 0.02% |
+528,138
| New | +$38.3M |
|
628
Perrigo
PRGO
$1.88B
| $38.8M | 0.02% |
+320,866
| New | +$38M |
|
629
Owens Corning
OC
$10B
| $38.8M | 0.02% |
+991,834
| New | +$41.3M |
|
630
Extra Space Storage
EXR
$28.8B
| $38.4M | 0.02% |
+916,424
| New | +$38.8M |
|
631
Alexandria Real Estate Equities
ARE
$9.21B
| $38.2M | 0.02% |
+580,873
| New | +$41.1M |
|
|
TEG
632
DELISTED
INTEGRYS ENERGY GROUP INC COM (USA)
TEG
| $38.1M | 0.02% |
+651,764
| New | +$38.6M |
|
633
Celanese
CE
$5.14B
| $38.1M | 0.02% |
+851,066
| New | +$40M |
|
634
Viatris
VTRS
$19.5B
| $38M | 0.02% |
+1,225,538
| New | +$36.6M |
|
|
TCO
635
DELISTED
Taubman Centers Inc.
TCO
| $37.9M | 0.02% |
+504,937
| New | +$41.2M |
|
636
ManpowerGroup
MAN
$2.69B
| $37.9M | 0.02% |
+691,828
| New | +$38.1M |
|
|
ESV
637
DELISTED
Ensco Rowan plc
ESV
| $37.9M | 0.02% |
+163,057
| New | +$38.3M |
|
638
Robert Half
RHI
$3.8B
| $37.8M | 0.02% |
+1,136,270
| New | +$39.1M |
|
|
BRSL
639
Brightstar Lottery PLC
BRSL
$1.92B
| $37.7M | 0.02% |
+2,258,895
| New | +$38.7M |
|
|
TEN
640
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $37.7M | 0.02% |
+833,323
| New | +$34.3M |
|
|
LVLT
641
DELISTED
Level 3 Communications Inc
LVLT
| $37.7M | 0.02% |
+1,787,853
| New | +$38.1M |
|
642
Flowers Foods
FLO
$1.3B
| $37.7M | 0.02% |
+1,707,866
| New | +$37.4M |
|
|
DRC
643
DELISTED
DRESSER-RAND GROUP INC
DRC
| $37.6M | 0.02% |
+627,722
| New | +$37.1M |
|
644
United Rentals
URI
$62.6B
| $37.6M | 0.02% |
+754,035
| New | +$40.1M |
|
645
Vermilion Energy
VET
$1.93B
| $37.6M | 0.02% |
+772,047
| New | +$38.4M |
|
|
CNQR
646
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
| $37.6M | 0.02% |
+461,443
| New | +$35.1M |
|
647
NVR
NVR
$16.5B
| $37.5M | 0.02% |
+40,630
| New | +$40.4M |
|
648
Martin Marietta Materials
MLM
$35.3B
| $37.4M | 0.02% |
+379,516
| New | +$39.4M |
|
649
Assurant
AIZ
$14B
| $37.3M | 0.02% |
+732,226
| New | +$35.5M |
|
650
Arrow Electronics
ARW
$10.8B
| $37.3M | 0.02% |
+934,885
| New | +$36.4M |
|
Similar funds
Norges Bank's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Norges Bank, which disclosed 2,107 positions worth $161B. Its ten largest holdings account for 15% of the portfolio.
Its largest position is Blackrock: 12,991,729 shares worth $3.34B.
By sector, the portfolio is most concentrated in Financials at 19% of assets, followed by Technology and Healthcare.
- Norges Bank's largest Q2 2013 buy was Blackrock: 12,991,729 shares worth $3.34B.
- Norges Bank's ten largest holdings make up 15% of its $161B portfolio in Q2 2013.
- Norges Bank disclosed 2,107 positions in Q2 2013, its first 13F filing on record.
Based on Norges Bank's 13F filing for Q2 2013, filed 7 Aug 2013.